Remitly (NASDAQ: RELY) director Bora Chung vests 655 RSUs into shares

Q: What did Remitly (RELY) director Bora Chung report in this Form 4?

Director Bora Chung reported the vesting of 655 RSUs , which converted into 655 shares of Remitly common stock at $0.00 per share. This was an exercise/conversion of previously granted equity, not an open-market stock purchase or sale.

Q: What is the nature of the 655 RSUs reported for Remitly (RELY) on February 25, 2026?

The 655 RSUs reflect a scheduled vesting from a prior equity grant, each RSU representing a right to receive one share of common stock . The transaction is coded M , indicating an exercise or conversion of a derivative security , not a market transaction.

Q: When were the RSUs granted to Remitly (RELY) director Bora Chung and how do they vest?

The RSUs were granted on June 11, 2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date. Any remaining portion vests fully by the 2026 annual meeting or June 11, 2026 , subject to continued service.

Q: What portion of Bora Chung’s Remitly (RELY) holdings remains unvested after this RSU vesting?

A footnote states the total in Table I includes 15,894 unvested RSUs from prior awards and 121,423 shares of common stock. Another footnote notes 655 unvested RSUs remain under this specific RSU award that was previously reported in Table II.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Remitly Global, Inc. director Bora Chung reported the vesting of 655 restricted stock units (RSUs) on February 25, 2026, converting into 655 shares of common stock at a price of $0.00 per share. After this derivative exercise, Chung directly holds 137,317 shares of common stock, which the notes explain includes 15,894 unvested RSUs and 121,423 shares of common stock. The RSUs were originally granted on June 11, 2025 and vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date, with full vesting no later than the earlier of the 2026 annual stockholder meeting or June 11, 2026, subject to continued service.

Insider Trade Summary

655 shares exercised/converted

Mixed 2 txns

Insider Chung Bora

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSUs)	655	$0.00	--
Exercise	Common Stock	655	$0.00	--

Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct); Common Stock — 137,317 shares (Direct)

Footnotes (1)

Reflects the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 15,894 unvested RSUs previously reported in Table II and 121,423 shares of common stock. The RSUs were granted on June 11, 2025, and will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date. The total reported in Table I, Column 5, includes 655 unvested RSUs remaining under this RSU award previously reported in Table II.

Form 4 Insider Transactions: What Each Field Means →

02/27/2026 - 04:26 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chung Bora

(Last)

(First)

(Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE

98101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [ RELY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/25/2026		M		655⁽¹⁾	A	⁽²⁾	137,317⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	⁽²⁾	02/25/2026		M			655	⁽⁴⁾	⁽⁴⁾	Common Stock	655	$0	0⁽⁵⁾	D

Explanation of Responses:

1. Reflects the vesting of restricted stock units (RSUs).

2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

3. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 15,894 unvested RSUs previously reported in Table II and 121,423 shares of common stock.

4. The RSUs were granted on June 11, 2025, and will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date.

5. The total reported in Table I, Column 5, includes 655 unvested RSUs remaining under this RSU award previously reported in Table II.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Remitly (RELY) director Bora Chung report in this Form 4?

Director Bora Chung reported the vesting of 655 RSUs, which converted into 655 shares of Remitly common stock at $0.00 per share. This was an exercise/conversion of previously granted equity, not an open-market stock purchase or sale.

How many Remitly (RELY) shares does Bora Chung hold after this Form 4 transaction?

After the reported RSU vesting and conversion, Bora Chung directly holds 137,317 shares of Remitly common stock. Footnotes explain this total includes 15,894 unvested RSUs previously reported in Table II and 121,423 shares of already issued common stock.

What is the nature of the 655 RSUs reported for Remitly (RELY) on February 25, 2026?

The 655 RSUs reflect a scheduled vesting from a prior equity grant, each RSU representing a right to receive one share of common stock. The transaction is coded M, indicating an exercise or conversion of a derivative security, not a market transaction.

When were the RSUs granted to Remitly (RELY) director Bora Chung and how do they vest?

The RSUs were granted on June 11, 2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date. Any remaining portion vests fully by the 2026 annual meeting or June 11, 2026, subject to continued service.

Did Bora Chung buy or sell Remitly (RELY) shares on the open market in this Form 4?

No open-market buy or sell is reported. The Form 4 shows an M-code transaction, which is an exercise or conversion of derivative securities (RSUs) into common stock at $0.00 per share, reflecting equity compensation vesting rather than trading activity.

What portion of Bora Chung’s Remitly (RELY) holdings remains unvested after this RSU vesting?

A footnote states the total in Table I includes 15,894 unvested RSUs from prior awards and 121,423 shares of common stock. Another footnote notes 655 unvested RSUs remain under this specific RSU award that was previously reported in Table II.